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SGI Mallorca Real Estate

Commercial property for sale in Mallorca

Shops, restaurants and bars, offices and going concerns: these are all the commercial properties we currently have for sale in Mallorca – mainly in the resorts and residential towns of the south-west such as Santa Ponsa and Paguera, but also in Palma and inland.

12 commercial property currently for sale · from €120,000

What matters with commercial property

For hospitality and retail, location and passing trade count, along with seasonality and whether the town is busy in winter too. Check the activity licence (licencia de actividad), whether it covers your planned use and whether it can be transferred, plus existing leases and conditions on noise, terraces and opening hours.

For let properties, the lease, its term, indexation and the tenants’ payment history drive the value. We assemble the documents and coordinate lawyer and tax adviser.

Purchase costs

When you buy a resale property in the Balearics you pay transfer tax (ITP), banded by price from 8 to 13 %. A new build bought from the developer carries 10 % VAT (IVA) plus stamp duty instead. Notary, land registry and lawyer come on top. All in, budget roughly 10–14 % of the price.

Frequently asked questions

Can I take over an existing business?

Yes, by buying the property or by taking over the business (traspaso). What matters is that the activity licence can be transferred to you and suits your use. We check this with you before the reservation.

What do I need to buy as a foreigner?

A Spanish tax number (N.I.E.), a Spanish bank account and your passport. We apply for the N.I.E. with you, help you open the account and coordinate notary, lawyer and translation through to completion.

More property in Mallorca